81.Refer to the information above. Assume that the replacement cost of this monitor at year-end is $210 per unit. Using LIFO flow assumption and the lower-of-cost-or-market rule, the ending inventory amounts to: A. $46,000. B. $42,000. C. $37,000. D. $83,000. 200 × $185 = $37,000 Venus Wholesale Co. started carrying a new product in December. Purchases and sales of this product […]
76.On November 1, Alan Company signed a 120-day, 8% note payable, with a face value of $9,000. What is the maturity value of the note on March 1? A. $9,000 B. $720 C. $9,120 D. $9,720 E. $9,240 Interest Expense = Principal * Interest Rate * TimeInterest Expense = $9,000 * 0.08 * 120/360; Interest Expense = $240Maturity Value = Principal + Interest ExpenseMaturity […]
75. Bravo Bistro, Inc.The stockholders’ equity section of the December 31, 2011, balance sheet for Bravo Bistro appeared as follows: Common stock, $3 par, 2,000 shares issued and outstanding $ 6,000 Additional paid-in capital 1,000 Retained earnings 5,400 Total stockholders’ equity $12,400 Assume that all of the 2,000 shares of Bravo’s stock that was issued as of December 31, 2011, […]
89. Profit margin is defined as: A. Revenues divided by net sales. B. Net sales divided by assets. C. Net income divided by net sales. D. Net income divided by assets. E. Net sales divided by net income. 90. A company earned $2,000 in net income for October. Its net sales for October were $10,000. Its profit margin is: A. 2%. B. 20%. C. 200%. D. 500%. E. $8,000. 91. All of the following statements regarding profit […]
157.West Company declared a $0.50 per share cash dividend. The company has 190,000 shares issued, and 10,000 shares in treasury stock. The journal entry to record the payment of the dividend is: A.Debit Retained Earnings $90,000; credit Common Dividends Payable $90,000. B.Debit Common Dividends Payable $95,000; credit Cash $95,000. C.Debit Retained Earnings $5,000; credit Common Dividends Payable $5,000. D.Debit Common Dividends Payable $90,000; credit […]
41.Which of the following would appear on a selling and administrative expense budget, but would not appear on a schedule of cash payments for selling and administrative expenses? A. Cost of goods sold B. Depreciation expense C. Salary expense D. Sales expense 42.Which of the following items typically found on the selling and administrative expense budget will also impact the cash budget? […]
Objective 7.1 1) The master budget is: A) a flexible budget B) a static budget C) developed at the end of the period D) based on the actual level of output 2) A flexible budget: A) is another name for management by exception B) is developed at the end of the period C) is based on the budgeted level of […]
39) Given the following worksheet with the trial balance already entered, and the adjustment information, complete the worksheet. Beatty Services Work Sheet For the Year Ended December 31, 2014 TrialAdjustmentsAdj. TrialInc.Balance AccountBalanceBal.StatementSheet Dr. Cr. Dr. Cr. Dr. Cr. Dr. Cr. Dr. Cr. Cash 25 A/R 15 […]
24.3 Learning Objective 24-3 1) When preparing an income statement showing departmental contribution margin: A) indirect expenses are combined with direct expenses. B) indirect departmental expenses are added to contribution margin. C) direct expenses are subtracted from contribution margin on sales. D) None of these answers are correct. 2) Compute the contribution margin for the video department, when gross profit is $880,000, […]
31. Which method of preparing the operating activities section of a statement of cash flows adjusts net income to remove the effects of deferrals and accruals for revenues and expenses? A. The direct methodB. The indirect methodC. Both the direct and indirect methodsD. Neither the direct method nor the indirect method 32. Presented below is the operating activities section of the statement of cash flows for Bruin Consulting for […]
RESEARCH versus OPINION List25: 25 Education Myths Busted. http://google.com/newsstand/s/CBIw5PyWkRI
FILM CLIPS:
1. Introduction to Critical Thinking:
https://www.youtube.com/watch?v=Cum3k-Wglfw
2. What is Critical Thinking:
https://www.youtube.com/watch?v=ZLyUHbexz04
A. FACT and Opinion (10 minutes): https://www.youtube.com/watch?v=rzUtSaa7AQU
B. Inferences (22 minutes): https://www.youtube.com/watch?v=LR6vnQiM_Xk
C. Implied Main Idea (14 Minutes: https://www.youtube.com/watch?v=TaOVu2w5rrw
D. Bias Language (15 minutes): https://www.youtube.com/watch?v=s4yy_wFzieM
E. Vocabulary in Context (18 minutes): https://www.youtube.com/watch?v=ivJX_saNdY4
F. Arguments (13 minutes): https://www.youtube.com/watch?v=oMoRM1G1UXM
3. The TWILIGHT ZONE: TO SERVE MAN
https://www.youtube.com/watch?v=lGKyb56sABQ
What role does critical thinking play in the outcome of this story? In what way(s) does the lack of critical thinking impact the outcome of this story?
4. DECISION-MAKING and CRITICAL THINKING
https://www.youtube.com/watch?v=REW3uV18YTw
you will only need to responed to The TWILIGHT ZONE: TO SERVE MAN you can find it on youtube if the link that i gave you did not work.
the other videos that i gave you are just to help you on to understand the subject if you need them.
I need two answers each one 15 sentence
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